Australia and Oceania: Inflator System Airbag Market 2025

Inflator System Airbag Market Size in Australia and Oceania

The inflator system airbag market in Australia and Oceania expanded remarkably to $X in 2022, increasing by 10% against the previous year. Overall, consumption recorded a resilient increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Inflator System Airbag Production in Australia and Oceania

In value terms, inflator system airbag production rose notably to $X in 2022 estimated in export price. Overall, production posted a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of 60% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Inflator System Airbag Exports

Exports in Australia and Oceania

In 2022, shipments abroad of airbags with inflator system and parts thereof increased by 5.8% to X tons for the first time since 2017, thus ending a four-year declining trend. In general, exports continue to indicate a notable increase. The pace of growth was the most pronounced in 2016 when exports increased by 600% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, inflator system airbag exports totaled $X in 2022. Over the period under review, exports enjoyed a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of 767%. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Australia represented the largest exporter of airbags with inflator system and parts thereof in Australia and Oceania, with the volume of exports finishing at X tons, which was approx. 84% of total exports in 2022. It was distantly followed by New Zealand (X tons), comprising a 16% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to inflator system airbag exports from Australia stood at +1.7%. At the same time, New Zealand (+51.2%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +51.2% from 2012-2022. From 2012 to 2022, the share of New Zealand increased by +15 percentage points.

In value terms, Australia ($X) remains the largest inflator system airbag supplier in Australia and Oceania, comprising 84% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled +5.1%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, waning by -4.4% against the previous year. Overall, the export price, however, continues to indicate pronounced growth. The pace of growth appeared the most rapid in 2018 when the export price increased by 84% against the previous year. The level of export peaked at $X per ton in 2021, and then declined slightly in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+3.4%).

Inflator System Airbag Imports

Imports in Australia and Oceania

In 2022, supplies from abroad of airbags with inflator system and parts thereof decreased by -31.6% to X tons, falling for the fourth year in a row after four years of growth. In general, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2016 with an increase of 54%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, inflator system airbag imports fell rapidly to $X in 2022. Over the period under review, imports continue to indicate a dramatic decrease. The growth pace was the most rapid in 2016 with an increase of 93%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Australia (X tons) represented the major importer of airbags with inflator system and parts thereof, mixing up 64% of total imports. It was distantly followed by New Zealand (X tons), generating a 31% share of total imports. The following importers - French Polynesia (X tons) and Fiji (X tons) - each accounted for a 3.3% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to inflator system airbag imports into Australia stood at -22.7%. At the same time, French Polynesia (+22.4%), New Zealand (+18.8%) and Fiji (+7.4%) displayed positive paces of growth. Moreover, French Polynesia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +22.4% from 2012-2022. While the share of New Zealand (+31 p.p.) and French Polynesia (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (-35.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported airbags with inflator system and parts thereof in Australia and Oceania, comprising 63% of total imports. The second position in the ranking was held by New Zealand ($X), with a 31% share of total imports. It was followed by French Polynesia, with a 2.1% share.

In Australia, inflator system airbag imports plunged by an average annual rate of -23.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (+11.5% per year) and French Polynesia (+13.8% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, reducing by -8.1% against the previous year. Overall, the import price saw a slight curtailment. The pace of growth appeared the most rapid in 2017 when the import price increased by 37% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in French Polynesia ($X per ton) and Australia ($X per ton), while Fiji ($X per ton) and New Zealand ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-1.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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